NSW Sydney Rental Recession (Channel 9 News)

Discussion in 'Where to Buy' started by Peter2013, 1st Jul, 2020.

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  1. Peter2013

    Peter2013 Well-Known Member

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    24th Aug, 2019
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    This was on the news tonight:

    30,000 rental properties sitting empty. Many landlords have no income and those that do are seeing rents plunge.

     
    Last edited: 1st Jul, 2020
  2. essendonfan

    essendonfan Well-Known Member

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    27th Mar, 2019
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    Sydney
    I was looking at Kensington, rents have been slashed 2br use to be 650-700 pw, now 500-550 pw

    Some nice stock to choose from. Why such a drop? Not seeing it so much in Surry Hills
     
  3. Morgs

    Morgs Well-Known Member Business Member

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    No international uni students